The table shows the earnings​ (in thousands of​ dollars) of a random sample of 11 people with​ bachelor's degrees and 10 people with​ associate's degrees. At α=0.05 is there enough evidence to support the belief that there is a difference in the earnings of people with​ bachelor's degrees and those with​ associate's degrees? Complete parts a through f.   Bachelors - 48  34  54  58  44  41  75  28  58  26  25  Associates- 25  28 48  32  48  42  42  34  38  36   critical value and test stat?

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A:

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.